If the Number of Employed People Is 15 Million, the Number

question 38

Multiple Choice

If the number of employed people is 15 million, the number of unemployed people is 5 million, and the working-age population equals 28.5 million people, the labour force participation rate is

• A) 81 per cent.
• B) 70.2 per cent.
• C) 25 per cent.
• D) 52.6 per cent.
• E) 17.5 per cent.

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Definitions:

Operating Activities

Business activities related directly to the production, sale, and delivery of a company's products and services, generating the primary revenue streams.

Income Statement

A financial statement that reports a company's financial performance over a specific period, detailing revenues, expenses, and profits or losses.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, reflected in a company's cash flow statement.

Book Value

The value of an asset as it appears on a balance sheet, calculated by subtracting depreciation from the asset's cost.